possible explanations are offered, including the roots of environmental economic theory in the theory of externalities, the …

externalities …

The externalities as microeconomic market failure, admit several private solutions including appears particularly …

We study the potential of cooperation in global emission abatements with multiple externalities. Using a two …

We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …. -- higher education ; enrollment ; externalities ; two-sector model …

because of pecuniary externalities that are triggered during financial amplification. The paper develops an externality … pricing kernel that quantifies the state-contingent magnitude of such externalities and provides welfaretheoretic foundations … amplification ; systemic risk ; systemic externalities ; externality pricing kernel ; macroprudential regulation ; bailout …